Ola's sales slump in April '25 even as e-2W market booms

In a continuing slide in fortunes, electric two-wheeler (e-2W) market leader Ola Electric Mobility Ltd recorded its second-lowest monthly sales last month since listing on the public markets in August 2024.

- Manas Pimpalkhare & Ayaan Kartik

NEW DELHI: The company was able to deliver 19,709 vehicles in the month, according to data from the government's Vahan portal. That's a hefty fall from the 34,160 units it sold last April.

What is not clear is how many units were registered in April alone. The company had sold 25,000 vehicles in February but was able to register only 8,500 units due to issues with its registration partners, leaving a backlog of around 16,000 units. Even in March, all the vehicles sold were not registered.